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Simone Stolzoff

๐Ÿ‘ค Speaker
1847 total appearances

Appearances Over Time

Podcast Appearances

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

And you don't need someone else to give you permission to do so.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

The fastest way to turn that uncertainty into a little bit more clarity is through actually doing the thing that you hope to do.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

Yeah, I mean, there's this dichotomy that I talk about in the book called the explore exploit tradeoff.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

Imagine you are an engineer and your job is you work for Spotify.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

You have to pick the next song that plays in someone's playlist.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

For someone, you might play a song that's very similar to the last song that they listened to.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

This is what would be called exploiting in computer science.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

Or for someone else, you might pick a song that's very different from the last song that they listened to.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

That would be called exploring.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

And there's benefits to both.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

Exploiting allows you to take that safe bet to play something that is similar to what they listened to before.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

It's likely not to piss them off.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

But too much exploiting will lead to something getting stale.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

It's like someone who listens to a song on repeat into oblivion and then starts to hate it.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

Whereas exploring is riskier.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

You are trying to find sort of the balance of the character map.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

But the potential upside is that you might discover something that the user likes that they didn't previously know about and expand your understanding of their taste.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

In life, we need both.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

So when you're younger, you have maybe a lot more capacity to explore.

The Jordan Harbinger Show
1326: Simone Stolzoff | How to Make the Most of Uncertainty

You can go backpack around Macedonia, try out these different careers, or take classes that are outside of your major.